2022 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$47,000.00
Salary
$47,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$9,615.13
Federal Tax
$4,262.87
Provincial Tax
$2,130.16
CPP Contributions
$2,479.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$742.60
Net Pay
$37,384.87
Marginal Tax Rate
22.81%
Average Tax Rate
13.6%
Comprehensive Deduction Rate
20.46%
Monthly Salary
Total Income
$3,916.67
Salary
$3,916.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$801.26
Federal Tax
$355.24
Provincial Tax
$177.51
CPP Contributions
$206.63
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$61.88
Net Pay
$3,115.41
Marginal Tax Rate
22.81%
Average Tax Rate
13.6%
Comprehensive Deduction Rate
20.46%
Biweekly Salary
Total Income
$1,807.69
Salary
$1,807.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$369.81
Federal Tax
$163.96
Provincial Tax
$81.93
CPP Contributions
$95.37
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$28.56
Net Pay
$1,437.88
Marginal Tax Rate
22.81%
Average Tax Rate
13.6%
Comprehensive Deduction Rate
20.46%
Weekly Salary
Total Income
$903.85
Salary
$903.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$184.91
Federal Tax
$81.98
Provincial Tax
$40.96
CPP Contributions
$47.68
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$14.28
Net Pay
$718.94
Marginal Tax Rate
22.81%
Average Tax Rate
13.6%
Comprehensive Deduction Rate
20.46%
Daily Salary
Total Income
$180.77
Salary
$180.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$36.98
Federal Tax
$16.40
Provincial Tax
$8.19
CPP Contributions
$9.54
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.86
Net Pay
$143.79
Marginal Tax Rate
22.81%
Average Tax Rate
13.6%
Comprehensive Deduction Rate
20.46%
Hourly Salary
Total Income
$24.10
Salary
$24.10
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.93
Federal Tax
$2.19
Provincial Tax
$1.09
CPP Contributions
$1.27
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.38
Net Pay
$19.17
Marginal Tax Rate
22.81%
Average Tax Rate
13.6%
Comprehensive Deduction Rate
20.46%
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Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $50,197.00 or less | 15% |
| $50,197.00 - $100,391.99 | 20.5% |
| $100,392.00 - $155,624.99 | 26% |
| $155,625.00 - $221,707.99 | 29% |
| More than $221,708.00 | 33% |
| Ontario Tax Bracket | Ontario Tax Rates |
|---|---|
| $46,226.00 or less | 5.05% |
| $46,226.00 - $92,453.99 | 9.15% |
| $92,454.00 - $149,999.99 | 11.16% |
| $150,000.00 - $219,999.99 | 12.16% |
| More than $220,000.00 | 13.16% |
Annual Income Tax by Province/Territory
Total Income
$47,000.00
Total Deductions
$8,561.61
Net Pay
$38,438.39
Average Tax Rate
11.36%
Comprehensive Deduction Rate
18.22%
Total Income
$47,000.00
Total Deductions
$9,188.94
Net Pay
$37,811.06
Average Tax Rate
12.7%
Comprehensive Deduction Rate
19.55%
Total Income
$47,000.00
Total Deductions
$9,232.05
Net Pay
$37,767.95
Average Tax Rate
12.79%
Comprehensive Deduction Rate
19.64%
Total Income
$47,000.00
Total Deductions
$9,282.92
Net Pay
$37,717.08
Average Tax Rate
12.9%
Comprehensive Deduction Rate
19.75%
Total Income
$47,000.00
Total Deductions
$9,615.13
Net Pay
$37,384.87
Average Tax Rate
13.6%
Comprehensive Deduction Rate
20.46%
Total Income
$47,000.00
Total Deductions
$9,925.86
Net Pay
$37,074.14
Average Tax Rate
14.26%
Comprehensive Deduction Rate
21.12%
Total Income
$47,000.00
Total Deductions
$10,342.07
Net Pay
$36,657.93
Average Tax Rate
15.15%
Comprehensive Deduction Rate
22%
Total Income
$47,000.00
Total Deductions
$10,612.81
Net Pay
$36,387.19
Average Tax Rate
15.72%
Comprehensive Deduction Rate
22.58%
Total Income
$47,000.00
Total Deductions
$10,895.79
Net Pay
$36,104.21
Average Tax Rate
16.33%
Comprehensive Deduction Rate
23.18%
Total Income
$47,000.00
Total Deductions
$11,273.70
Net Pay
$35,726.30
Average Tax Rate
17.13%
Comprehensive Deduction Rate
23.99%
Total Income
$47,000.00
Total Deductions
$11,362.82
Net Pay
$35,637.18
Average Tax Rate
17.32%
Comprehensive Deduction Rate
24.18%
Total Income
$47,000.00
Total Deductions
$11,402.14
Net Pay
$35,597.86
Average Tax Rate
16.87%
Comprehensive Deduction Rate
24.26%
Total Income
$47,000.00
Total Deductions
$11,512.10
Net Pay
$35,487.90
Average Tax Rate
17.64%
Comprehensive Deduction Rate
24.49%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $47,000.00 | $8,561.61 | $38,438.39 | 11.36% | 18.22% |
| Northwest Territories | $47,000.00 | $9,188.94 | $37,811.06 | 12.7% | 19.55% |
| British Columbia | $47,000.00 | $9,232.05 | $37,767.95 | 12.79% | 19.64% |
| Yukon | $47,000.00 | $9,282.92 | $37,717.08 | 12.9% | 19.75% |
| Ontario | $47,000.00 | $9,615.13 | $37,384.87 | 13.6% | 20.46% |
| Alberta | $47,000.00 | $9,925.86 | $37,074.14 | 14.26% | 21.12% |
| Saskatchewan | $47,000.00 | $10,342.07 | $36,657.93 | 15.15% | 22% |
| New Brunswick | $47,000.00 | $10,612.81 | $36,387.19 | 15.72% | 22.58% |
| Newfoundland and Labrador | $47,000.00 | $10,895.79 | $36,104.21 | 16.33% | 23.18% |
| Prince Edward Island | $47,000.00 | $11,273.70 | $35,726.30 | 17.13% | 23.99% |
| Manitoba | $47,000.00 | $11,362.82 | $35,637.18 | 17.32% | 24.18% |
| Quebec | $47,000.00 | $11,402.14 | $35,597.86 | 16.87% | 24.26% |
| Nova Scotia | $47,000.00 | $11,512.10 | $35,487.90 | 17.64% | 24.49% |
This tool was designed for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose of simplifying the process, a number of variables have been assumed to calculate the figures included on this page. The results of this calculator should not be relied upon for determining career and/or tax decisions.
Jobs paying $47,000+/year
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